Modern Australian
The Times

One in 1,000 years? Old flood probabilities no longer hold water

  • Written by John Quiggin, Professor, School of Economics, The University of Queensland
One in 1,000 years? Old flood probabilities no longer hold water

Australia’s catastrophic east coast floods have been described by the NSW premier as a “one in 1,000-year event, a term that has created a great deal of confusion.

Lengthy explanations that these terms are not the same as "occurring 1,000 years apart” or “once every 1,000 years” have only added to the confusion.

The simplest explanation is that the actual meaning of “one in 1,000 years” is “having a probability of 0.1 per cent in any given year” (1 in 1,000), which raises the question: why doen’t people simply say that?

The main reason is that these terms date back to a time when most people didn’t think in terms of probabilities, and even those who did were confused about how they worked. These days we interact with probabilities all the time.

The daily weather forecast includes a percentage probability of rain, and longer-term forecasts give the probabilities of higher or lower than average rainfall according to El Nino and La Nina cycles.

Financial markets bet on the probabilities or interest rates moves. Statistics and probability are taught to children in school.

But this is quite a recent development.

Until the 17th century, even the most elementary concepts of probability theory were unknown. People thought of fate and fortune as essentially unknowable. Even gamblers didn’t understand odds.

The birth of probability

Indeed, it was a request from a gambler friend in about 1654 that motivated the French philosopher and mathematician Blaise Pascal to develop the basic concepts of probability with fellow mathematician Pierre de Fermat.

(Pascal also used the idea to develop “Pascal’s wager” used to demonstrate the usefulness of believing in God. The idea is that if God exists believers will be rewarded with eternal bliss. If not, they will forgo a limited number of earthly pleasures while alive. No matter how small the probability of God existing, the benefit of believing in God turns out to be infinite while the cost is finite.)

Understanding developed slowly. It was not until the mid-18th century that English clergyman Thomas Bayes was credited with the field’s most important development.

The tool bequeathed by Bayes

In its modern interpretation Bayes’ theorem gives us the means to revise our view of the probability of an event in the light of evidence about what has just happened.

Whether or not something has just happened is explicitly fed into the recalculation along with updated assessments of the probability that that matters.

Bayes’ theorem, in neon, in the office of British software company HP Autonony. Wikimedia Commons, CC BY

Until Bayes, most probabilities were calculated as if they were unchanging, such as the probability of getting “heads” when tossing a coin. Those probabilities could usefully be described as “one in 1,000 years”, or “on average, every second toss”.

But the probability of a severe flood changes over time as the relationship between the components that make up the weather system change. Whether a flood has occurred gives us evidence about that change.

This makes it no longer helpful to refer to a severe flood as “one in x years” event.

Read more: Bayes' Theorem: the maths tool we probably use every day, but what is it?

It’s long past the time we changed the terminology of once-in-so-many years, but to what? The answer seems straightforward, though the details will be tricky.

First, we need to convert the old measures into severity scales, similar to those used for cyclones and earthquakes, but specific to each catchment.

Having done that, the probability of an event of given severity can be estimated on the basis of historical experience and updated in the light of new evidence.

How would this apply in the case of an event like the Lismore flood?

Read more: 'One of the most extreme disasters in colonial Australian history': climate scientists on the floods and our future risk

The initial “one in 1,000 year” description means that such an event would be extremely unlikely if the old relationship held.

Using Bayes’ theorem, we would update the initial one in 1,000 probability on the basis of updated information about the chance the underlying relationships are changing, producing new annual probabilities each year.

This is how machine learning works and how medical and insurance odds are updated. Sadly, the revised probabilities will almost certainly exceed one in 1,000.

Authors: John Quiggin, Professor, School of Economics, The University of Queensland

Read more https://theconversation.com/one-in-1-000-years-old-flood-probabilities-no-longer-hold-water-178524

Chatswood Tutoring And Its Role In Academic Achievement

Academic success often requires more than classroom attendance alone. Students face increasing expectations as they progress through school, particu...

Why Laser Hair Removal Treatments Continue Growing In Popularity

Managing unwanted hair can become time-consuming and frustrating for many people, especially when shaving, waxing, and other temporary methods requi...

Choosing the Right Devices for a Flexible Workplace

For IT leaders managing large fleets, the device layer is where workforce productivity and security policy meet. The shift towards flexible and hybrid...

How Business Advisory Services Help Companies Achieve Sustainable Growth

Every business owner aims to build a profitable and sustainable organisation. While dedication, innovation, and hard work are important, achieving l...

Why Body Contouring Has Become A Popular Cosmetic Treatment

Many people maintain healthy lifestyles through regular exercise and balanced eating habits but still struggle with stubborn areas of fat that are d...

How to Choose the Right POS Hardware for Your Business in Australia

A lot of Australian business owners spend weeks researching POS software but buy hardware almost as an afterthought. That's a mistake. The wrong har...

Why Material Handling Hose Is Critical for Industrial Efficiency

A high-performance material handling hose is an essential component in industries that transport abrasive, dry, or bulk materials on a daily basis...

How to Choose the Right Lawyer in Melbourne for Your Situation

Choosing legal support can feel difficult, especially when the stakes are personal or business-related. The right lawyer in Melbourne should underst...

Hoteliers Look to Clever Value Adds to Increase Revenue

The Australian hospitality industry is still in recovery mode after a notoriously rough patch in recent years. While there has been a post-COVID tra...

Moving to Queensland? Here’s How to Prep Your Car for the Big Move North

There’s no sign of the northern migration slowing down, with thousands of southerners fleeing from chaotic lifestyles and cooler climates for a brig...

Diesel Shortage to Impact Trades and Contractors

Strait of Hormuz blockage affecting all major parts of trades and construction Trades and construction across residential, commercial and industria...

Why Holiday Home Owners Turn to Rental Management Agents

The Allure — and the Reality — of Renting Out Your Property Owning a holiday home is a dream for many Australians. Whether it's a beachside sha...

Why Finding Reliable Doctors In Bundoora Is Important For Long-Term Health

Access to quality healthcare plays an important role in maintaining overall wellbeing and managing health concerns early. Trusted Doctors in Bundoor...

Understanding the Different Types of Car Services: Minor vs Major

When it comes to car maintenance, one of the most important things every vehicle owner should understand is the difference between a minor and a maj...

How Superannuation and TPD Insurance Work Together

Superannuation is an essential part of financial planning in Australia. It is designed to provide individuals with income during retirement, helping...

Tiny Towns funding granted for Mt Hotham and Mt Buller upgrades

Alpine Resorts Victoria (ARV) has welcomed funding support from the Victorian Government’s  Tiny Towns Fund, with both Mt Hotham and Mt Buller se...

Locksmith Services: Why Professional Security Solutions Matter More Than Ever

Security is a critical concern for homeowners, businesses, and vehicle owners alike. Whether it involves protecting a property, replacing damaged lo...

Why Tooth Fillings Are Important For Protecting Damaged Teeth

Cavities and minor tooth damage are common dental problems that can worsen if left untreated. Professional tooth fillings help restore damaged teeth, ...